South Korea asks US to resolve chip trade issues as chipmaking import waiver nears expiry

South Korea on Friday said it has asked the United States to resolve uncertainties regarding US export controls in the chip sector and subsidies for chip investment.

Industry minister Bang Moon-kyu met with US deputy secretary of commerce Don Graves in Seoul on Friday ahead of the expiry next month of a year-long waiver for Samsung Electronics and SK Hynix to import US chip-making equipment into China.